Trading Update: Wednesday May 22, 2024 End of day video review S&P Emini pre-open market analysis Emini daily chart Emini 5-minute chart and what to expect today Yesterday’s Emini setups Al created the SP500 Emini charts. Here are reasonable stop entry setups from yesterday. I show each buy entry bar with a green arrow and […]
Emini Bears Want Strong Entry Bar
Trading Update: Tuesday May 21, 2024 S&P Emini pre-open market analysis Emini daily chart Emini 5-minute chart and what to expect today Yesterday’s Emini setups Al created the SP500 Emini charts. Here are reasonable stop entry setups from yesterday. I show each buy entry bar with a green arrow and each sell entry bar with […]
Emini Bulls Want Breakout above High 1
Trading Update: Monday May 20, 2024 S&P Emini pre-open market analysis Emini daily chart Emini 5-minute chart and what to expect today Friday’s Emini setups Al created the SP500 Emini charts. Here are reasonable stop entry setups from Friday. I show each buy entry bar with a green arrow and each sell entry bar with […]
Emini New All-Time High
Market Overview: S&P 500 Emini Futures The market traded higher and formed an Emini new all-time high this week. The bulls want a strong a strong breakout above the March 21 high followed by the start of a larger broad bull channel phase. The bears want a reversal from a higher high major trend reversal or a double top with the March 21 high. At the very least, they […]
Crude Oil stalled
Market Overview: Crude Oil Futures Crude Oil stalled at the bull trend line in the last 2 weeks. The bears want at least another sideways to down leg, completing the third push down (wedge) with the first two legs being April 22 and May 8. The bulls want a reversal from a wedge (Apr 22, May 8, and May 15), […]
Weekly EURUSD Lower High
Market Overview: EURUSD Forex The market traded higher and is currently at a weekly EURUSD lower high. The bulls need to create follow-through buying following this week’s close above the 20-week EMA. The bears hope that the bear trend line will act as resistance. If the market trades higher, the bears want a larger double top bear flag with the March […]
Bitcoin Bulls bought prior bear’s weekly close around 60k
Market Overview: Bitcoin Bitcoin bull reversal within a limit order market. This week, we explore the intricacies of the limit order market structure that continues to dominate Bitcoin’s weekly price action and understand why this week’s bullish trend bar aligns with this pattern and what it means for traders. Bitcoin The Weekly chart of Bitcoin […]
FTSE 100 Pause Bar, Strong Breakout FT, Weak Reversal
Market Overview: FTSE 100 Futures FTSE 100 futures went sideways last week at the ATH with a pause bar high in a bull spike. On a HTF, traders expect more legs up, but currently most bulls are sitting on big profits so they will be looking for any reason to confirm the move up is […]
DAX 40 Breakout, Measured Move Target, Bull Channel
DAX 40 Bull Channel, Leg 2, Sideways, Open BO Gaps
Nasdaq 100 Close above the March High Close
Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures week is a bull trend bar with a prominent tail above. The market had a close above the March high close and a new all-time high close. On the daily chart, this week could have been the third leg of the spike up in early […]
